TORONTO, Feb. 18 /CNW/ - LOREX Technology Inc. (NEX: LOX.H) (the
"Company") wishes to announce that its Chief Financial Officer, Jordan
Schwartz, has left the Company in order to pursue other business
opportunities. The Company would like to thank Mr. Schwartz for his
dedication and service and wishes him the best in his future
The Company has appointed David Mundy to act as interim Chief Financial
Officer, effective immediately, while it searches for a permanent
replacement. Mr. Mundy, a Chartered Accountant, practiced with
PricewaterhouseCoopers LLP from 1987-2000 in the firm's audit and IT
practice areas. In 2000, he became an independent consultant assisting
public and private companies with their financial reporting
responsibilities. Since March 2010, Mr. Mundy has provided consulting
services to the Company, with particular emphasis on financial
reporting. Mr. Mundy's appointment remains subject to customary
About LOREX Technology Inc.
LOREX (NEX: LOX.H) provides businesses and consumers with leading edge
video surveillance security solutions and sells its products under the
LOREX and Digimerge brands. The LOREX brand, which caters to both small
business and consumer markets, is available in thousands of retail
locations across North America and in the UK. The Digimerge division
distributes its products through major distributors in North America.
Both brands concentrate on the sale of wired, wireless and IP security
surveillance equipment including cameras, digital video recorders and
all-in-one systems. LOREX subsidiaries include: LOREX Canada Inc.,
LOREX Corporation and Strategic Vista Corporation Limited, Hong Kong.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE Lorex Technology Inc.
For further information:
President and Chief Executive Officer
LOREX Technology Inc.
Phone: (905) 946-8589 ext 120